Spain unemployement

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G

Guest
Perhaps they use everyone. You know - The people whose benefits have run out, the people that have given up, the underemployed, the part timers etc. Our own national rate is probably closer to 21% than 9%. Not just Mich.
 
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dcsnomo

Moderator
grub said:
Perhaps they use everyone. You know - The people whose benefits have run out, the people that have given up, the underemployed, the part timers etc. Our own national rate is probably closer to 21% than 9%. Not just Mich.
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Interestingly, The USBLS computes 6 different unemployment levels, so the whole notion of total unemployment is not ignored, it is just rarely reported. Here are the 6 levels of unemployment reporting:

The BLS also calculates five alternate measures of unemployment, U1 through U6, that measure different aspects of unemployment:
U1: Percentage of labour force unemployed 15 weeks or longer.
U2: Percentage of labour force who lost jobs or completed temporary work.
U3: Official unemployment rate per the ILO definition occurs when people are without jobs and they have actively looked for work within the past four weeks.
U4: U3 + "discouraged workers", or those who have stopped looking for work because current economic conditions make them believe that no work is available for them.
U5: U4 + other "marginally attached workers", or "loosely attached workers", or those who "would like" and are able to work, but have not looked for work recently.
U6: U5 + Part time workers who want to work full time, but cannot due to economic reasons (underemployment).

And, Here is the table with the various levels, with U3 being the official unemployment rate-
http://www.bls.gov/news.release/empsit.t15.htm
 
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polarisrider1

New member
dcsnomo said:
Interestingly, The USBLS computes 6 different unemployment levels, so the whole notion of total unemployment is not ignored, it is just rarely reported. Here are the 6 levels of unemployment reporting:

The BLS also calculates five alternate measures of unemployment, U1 through U6, that measure different aspects of unemployment:
U1: Percentage of labour force unemployed 15 weeks or longer.
U2: Percentage of labour force who lost jobs or completed temporary work.
U3: Official unemployment rate per the ILO definition occurs when people are without jobs and they have actively looked for work within the past four weeks.
U4: U3 + "discouraged workers", or those who have stopped looking for work because current economic conditions make them believe that no work is available for them.
U5: U4 + other "marginally attached workers", or "loosely attached workers", or those who "would like" and are able to work, but have not looked for work recently.
U6: U5 + Part time workers who want to work full time, but cannot due to economic reasons (underemployment).

And, Here is the table with the various levels, with U3 being the official unemployment rate-
http://www.bls.gov/news.release/empsit.t15.htm
Click to expand...

what about self employed without any work and can not collect because they own their own company. That number is huge but not figured in.
 
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windingtrailgal

Active member
dcsnomo - impressive information...whatever it means!? ;)

I hear that PR1...

And people who have given up entirely don't count as unemployed either...

All of Europe is in some serious trouble...one of their more marked problems - besides China manufacturing everything - being that their birth rate is upside down...not gonna help out their socialistic systems a whole heckava lot now and especially in the future. Well, I should clarify that the European birth rates are upside down while the immigrant populations (most notably Muslims) is increasing at an alarming rate.

My fav was when France, a few years back, decided to decrease the hours in the work week that qualified as full time to "cure" their unemployment woes...how's that working out for ya, frogs?

I always found it odd that so many "enlightened" folks in the US always idolized Europe and their peoples... It's an unsustainable economic system throughout with the only thing, IMO, keeping the whole of Europe from looking so wretched being the EU. It'll soon collapse in on it's socialistic weight... IMO.
 
saber1

saber1

Active member
their euro dollar is kicking our dollars behind though and the only country in good economic shape is Germany.
 
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dcsnomo

Moderator
Windingtrail-
People who have given up are counted in U4, U5, and U6. Thus, the difference between U3 (official unemployment) and U5 are the people who have given up looking.
 
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polarisrider1

New member
dcsnomo said:
Interestingly, The USBLS computes 6 different unemployment levels, so the whole notion of total unemployment is not ignored, it is just rarely reported. Here are the 6 levels of unemployment reporting:

The BLS also calculates five alternate measures of unemployment, U1 through U6, that measure different aspects of unemployment:
U1: Percentage of labour force unemployed 15 weeks or longer.
U2: Percentage of labour force who lost jobs or completed temporary work.
U3: Official unemployment rate per the ILO definition occurs when people are without jobs and they have actively looked for work within the past four weeks.
U4: U3 + "discouraged workers", or those who have stopped looking for work because current economic conditions make them believe that no work is available for them.
U5: U4 + other "marginally attached workers", or "loosely attached workers", or those who "would like" and are able to work, but have not looked for work recently.
U6: U5 + Part time workers who want to work full time, but cannot due to economic reasons (underemployment).

And, Here is the table with the various levels, with U3 being the official unemployment rate-
http://www.bls.gov/news.release/empsit.t15.htm
Click to expand...

I am thinking BS computes 6 different unemployement levels. Total BS. So I don't even get counted and niether does Dave B. or Mrs. windingtrails husband and many of the rest in here when we don't have work. We don't get one red cent of anybodys money if we don't work. I still would love to have the luxury of getting "free" money to go fishing, etc. even for just the winter would be fine. I only exist in the governments eye is when I work. Then they tax the snoot out of me to pay for the U whatevers. I haven't even posted this yet and Dave B. is calling me. lol.
 
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windingtrailgal

Active member
PR1 - and I would think that anyone who's self employed isn't LOOKING to get a dam dime from anyone if we aren't working. Think it's part of what we give up in order to have the 'privelage' of having our own businesses. That said, i think it's even more aggrevating to those of us who are out there on our own when there IS abuse of the system that we pay into but get exactly WHAT out of? When BigDaddy isn't earning money, he's still working on house repairs, deck building, pole barn building, etc. Working working working.
 
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dcsnomo

Moderator
polarisrider1 said:
I am thinking BS computes 6 different unemployement levels. Total BS. So I don't even get counted and niether does Dave B. or Mrs. windingtrails husband and many of the rest in here when we don't have work. We don't get one red cent of anybodys money if we don't work. I still would love to have the luxury of getting "free" money to go fishing, etc. even for just the winter would be fine. I only exist in the governments eye is when I work. Then they tax the snoot out of me to pay for the U whatevers. I haven't even posted this yet and Dave B. is calling me. lol.
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Hey, all I was trying to do was address grubs and windingtrail's issue that the government doesn't count those unemployed that have quit looking...they are counted, just not in the number the news sources report. Trying to help out a bit with facts, which I am prone to do.

I am also self employed, I understand your frustration. Unfortunately, we have decided not to be employees as we assume both the upside and downside risk of owning our own business.

Maybe the gov't looks at it that way because as a business owner we control our destiny, and the destiny of our employees. If I hire and business doesn't sustain I have to lay off because I was unable to grow my business. Therefore the employees suffer due to the way I manage the company.

At no place in the above did I use the term agree, so please don't blow a gasket. Just trying to think of the rationale. I guess if you want the safety net you work for someone else, then you don't share in the upside potential either.
 
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Dave_B

Active member
polarisrider1 said:
I am thinking BS computes 6 different unemployement levels. Total BS. So I don't even get counted and niether does Dave B. or Mrs. windingtrails husband and many of the rest in here when we don't have work. We don't get one red cent of anybodys money if we don't work. I still would love to have the luxury of getting "free" money to go fishing, etc. even for just the winter would be fine. I only exist in the governments eye is when I work. Then they tax the snoot out of me to pay for the U whatevers. I haven't even posted this yet and Dave B. is calling me. lol.
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Just to clarify something to those out there who are not self employed. I am working my *** off harder than I ever have to make a fraction of the income that I have made before. "We" are not sitting here doing nothing, it is just that much harder to make a dime than it has ever been, for us, at least. Do I love what I am doing? YES. Do I want to work for someone else for a minimum wage salary? NO WAY! We are the ones fighting thru this economic situation and we are the ones that will keep this country going when all said and done!

You want to whine and sponge? go ahead!

We have staked a claim and NOBODY is going to knock us down!!

Thank you ZERO to the government for helping us little guys out!

Now stop supporting the lazy and uninspired and support your local small businesses!

Dave
 
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Hoosier

Well-known member
Enjoying many of these comments. Regardless of what the current administration thinks, small (and large) business owners are the lifeblood of the economy and what makes America different (or at least used to!).
 
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frnash

Active member
Another Stimulus Payment?

Sometime this year, we taxpayers will again receive another 'Economic Stimulus' payment.
This is indeed a very exciting program, and I'll explain it by using a Q & A format:

Q. What is an 'Economic Stimulus' payment?
A. It is money that the federal government will send to taxpayers.

Q. Where will the government get this money?
A. From taxpayers.

Q. So the government is giving me back my own money?
A. Only a smidgen of it.

Q. What is the purpose of this payment?
A. The plan is for you to use the money to purchase a high-definition TV set, thus stimulating the economy.

Q. But isn't that stimulating the economy of China?
A. Shut up.

Below is some helpful advice on how to best help the U.S. Economy by spending your stimulus check wisely:
* If you spend the stimulus money at Wal-Mart, the money will go to China or Sri Lanka.
* If you spend it on gasoline, your money will go to the Arabs.
* If you purchase a computer, it will go to India, Taiwan or China.
* If you purchase fruit and vegetables, it will go to Mexico, Honduras and Guatemala.
* If you buy an efficient car, it will go to Japan or Korea.
* If you purchase useless stuff, it will go to Taiwan.
* If you pay your credit cards off, or buy stock, it will go to management bonuses and they will hide it offshore.

Instead, keep the money in America by:
1) Spending it at yard sales, or
2) Going to ball games, or
3) Spending it on prostitutes, or
4) Beer or
5) Tattoos.
(These are the only American businesses still operating in the U.S.)

Conclusion:
Go to a ball game with a tattooed prostitute that you met at a yard sale and drink beer all day!

(No need to thank me, I'm just glad I could be of help.)
 
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